We want more...downside!

After a few days of back and fill trading GC             broke to the upside and squeezed the weak shorts. The pop was with good volume . We are still watching for more opportunity to the downside but we could chop around for a few weeks before seeing another leg down. Remember...the Dollar has broken out of a multi year consolidation and is expected to move significantly...this will put pressure on GC             ( gold             ).

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